How Do the Three Major Financial Statements of a Public

question 18

Essay

How do the three major financial statements of a public college or university differ from those of a private not-for-profit college or university?

---

Definitions:

Meeting

A gathering of two or more people for the purpose of discussing and/or acting upon matters of common interest.

Incorporators

Individuals involved in the formation of a corporation who sign its articles of incorporation and may become initial shareholders.

Corporate Articles

Legal documents filed with a state government to officially form a corporation, outlining its structure and purpose.

Appoint

To assign a job or role to someone.